Ruin House with approved project
Unique opportunity in Faial: plot of 225 m² with ruin and approved license for Madeiran house, consisting of T1 and T0 with terrace. In addition to parking for 2 cars, you benefit from the reduced rate of 6% on materials for being in the ARU zone.
Ruined building located in Quinta do Faial, Funchal, on a plot of 225 m² with, with approved licensing for reconstruction in traditional Madeiran style.
The approved project includes the transformation of the property into two autonomous dwellings:
- Ground floor: 1 bedroom apartment.
- Upper floor: T0 apartment with private terrace.
The villa will also have a patio on the ground floor and a parking area for two cars, offering functionality and profitability.
As it is located in an Urban Rehabilitation Area (ARU), this project benefits from the reduced VAT rate of 6% on the acquisition of materials and execution of contracts.
Located in a consolidated area of Funchal, with easy access to shops, services and highways.
Schedule your visit now and come and see this project or your next investment!
You can count on the professionalism of our team, at all stages of the process.
"The information provided here, while accurate, is for informational purposes only and may change at any time. Therefore, they should not be interpreted as a contract or legal obligation."
Rika Kaza - AMI: 19631
Website: https://www.rikakaza.com
E-mail: info@rikakaza.com
Property Features
-
Proximity: Beach, Shopping, City, Pharmacy, Public Transport, Schools
-
Parking lot
-
Outdoor Parking
-
Solar orientation: South
-
Views: City view
-
Height above sea level: 130
-
Quiet Location
-
Central location
-
Walking distance to beach
-
Security door
-
Energetic certification: Exempt
-
Main drainage
-